$110,000

1411 Stone Mill Trace, Stone Mountain, GA 30083

  • Property Icon other
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon958sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Investor Opportunity! Tenant-Occupied & Cash-Flowing Condo in Stone Mountain! This well-maintained 2-bedroom, 1.5-bath condominium is a turnkey investment property with an established Housing Choice Voucher tenant already in place. The current lease extends through February 2027, providing immediate and stable cash flow. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, two generously sized bedrooms upstairs, and a private patio area. HOA dues include exterior maintenance, landscaping, and water/sewer, helping to simplify ownership and management. This property is Housing Voucher approved, and the voucher is transferable, making it an attractive option for investors seeking reliable income and long-term occupancy. 1411 Stone Mill Trace is also available as part of a rare 3-unit investment package that includes 1413 and 1421 Stone Mill Trace. Together, the portfolio generates approximately $5,000 in monthly rental income and nearly $60,000 annually in gross revenue, offering investors an opportunity to acquire a stabilized, income-producing portfolio in one transaction. Rent roll and lease information are available upon request. Conveniently located near major highways, shopping, dining, public transportation, and employment centers. Showings by appointment only. Do not disturb tenant.

Listing Status:
Active
Date Added:
June 8, 2026
Data Last Updated:
June 10, 2026 at 9:06PM
Listing Office:
Foundation Partners Realty, LLC : 404-328-6034
Listing Agent:
Fransau McDonald : 470-445-7626
MLS ID:
7784606
  • Flooring: CarpetLaminateVinyl
  • A/C: Ceiling Fan(s)Central AirWindow Unit(s)
  • Heating: Electric
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • Parking: CarportDetachedParking spaces: 1
  • Roofing: Shingle
  • Windows: None
  • General: OtherTwo
  • Originating MLS: First Multiple Listing Service
  • County: Dekalb - GA
  • Zoning: LT 32 BLK 5 STONE MILL VILLAGE CONDOMINIUM PH II18 137 05 032
  • View: Other
  • Fencing: FencedWood
  • Utilities: Other
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

This listing courtesy of Fransau McDonald , Foundation Partners Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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1421 Stone Mill Trace, Stone Mountain, GA 30083
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1421 Stone Mill Trace Stone Mountain, GA 30083

#7782475 - Foundation Partners Realty, LLC